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Electric vehicle manufacturers are upbeat as the Finance Minister handed out a much-need lifeline to the struggling sector in this year's Budget through an outlay of Rs 75 crore, reports CNBC-TV18's Farah Bookwala.

An ambitious target of putting 5 million electric and hybrid vehicles per year on the road by 2020 had been set under the NEMMP. In addition to supporting the industry, NEMMP seeks to create a significant positive impact on the health index of country by promoting zero pollution electric vehicles and reducing the dependence on fossil fuel.

Five years from now, the government hopes to have 6 million electric vehicles (EV) ply on Indian roads. However with the ambitious electric mobility mission being just a paper tiger so far, the EV industry is hoping that Budget 2015 gives it a real, and much - needed lifeline, reports CNBC-TV18's Farah Bookwala Vhora.

Sitting at its 52-week high today, the company now commands a market capitalization of Rs 65,000 crore, equaling that of capital goods major BHEL. While Bosch in its own right is a behemoth in the automotive component industry, its sales and profits are one-fourth of BHEL

Electric vehicle manufacturers are upbeat as the Finance Minister handed out a much-need lifeline to the struggling sector in this year's Budget through an outlay of Rs 75 crore, reports CNBC-TV18's Farah Bookwala.

An ambitious target of putting 5 million electric and hybrid vehicles per year on the road by 2020 had been set under the NEMMP. In addition to supporting the industry, NEMMP seeks to create a significant positive impact on the health index of country by promoting zero pollution electric vehicles and reducing the dependence on fossil fuel.

Five years from now, the government hopes to have 6 million electric vehicles (EV) ply on Indian roads. However with the ambitious electric mobility mission being just a paper tiger so far, the EV industry is hoping that Budget 2015 gives it a real, and much - needed lifeline, reports CNBC-TV18's Farah Bookwala Vhora.

Sitting at its 52-week high today, the company now commands a market capitalization of Rs 65,000 crore, equaling that of capital goods major BHEL. While Bosch in its own right is a behemoth in the automotive component industry, its sales and profits are one-fourth of BHEL

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government should also focus and give stress on electric vehicles for future.... yes renewable energy will offload the stress of. natural resources. li.e. coal... for future to reduce the import of oil should focus on electric vehicles....because oil prices will never come down

. That is why we decided to focus on this area.
Hybrid and electric vehicles can significantly reduce carbon emissions and other pollutants,” said Gopal.
Hybrids in India are also more fuel-efficient than they are officially rated for, researchers said.
“With the official fuel economy test procedure

fuel taxation to render them over recovered and use and develop as much motor fuel efficient activities as possible like railway , mass commutation , pooling , 24x7 electricity supply to all for metered connections , electric vehicles and rain water harvesting. We can start from tomorrow by having

Source:Economic Times - The Halo, the electric sports car concept that Mahindra & Mahindra showcased at this month`s Auto Expo, is more than a mere showpiece already. Mahindra`s electric vehicle unit, Mahindra Reva, is already testing various parameters of Halo prototypes and a production design

Source:Economic Times - The Halo, the electric sports car concept that Mahindra & Mahindra showcased at this month`s Auto Expo, is more than a mere showpiece already. Mahindra`s electric vehicle unit, Mahindra Reva, is already testing various parameters of Halo prototypes and a production design

Source:Economic Times - NEW DELHI: Mahindra Reva Electric Vehicles, a part of the Mahindra Group, on Tuesday slashed the price of its electric car e2o by up to Rs 1.7 lakh by introducing a scheme under which a consumer pays a rental fee for the battery.

Source:Economic Times - GREATER NOIDA: Homegrown auto major Mahindra & Mahindra unveiled its concept electric sports car `Halo` which it expects to launch commercially in the next three years. The company said depending on the support from the Indian government for electric vehicle, Halo

Source:BBC - Luxury automaker Porsche has revealed the first car designed by its founder was electric, in a show at its museum in Stuttgart-Zuffenhausen, Germany. Ferdinand Porsche`s design was dubbed the Egger-Lohner electric vehicle C.2 Phaeton model, or the P1 for short. The car, made in 1898